3 Room (3I) HDB for Sale in 47 Marine Crescent

In the esteemed locale of Marine Parade, the valuation of a 3-room HDB unit, with a remaining lease of 47 years, presents a compelling case for potential investors and homeowners alike. The estimated value of $288,899, translating to $413 per square foot, signals a market position that is notably above the established baseline, with an impressive 81.7% difference. This valuation suggests a strong demand within this vibrant residential enclave, indicative of Marine Parade's enduring appeal amidst the evolving urban landscape of Singapore.

The valuation is derived from a robust analytical model, informed by 12 recent HDB resale transactions in the vicinity, which collectively underpin the medium confidence level of this assessment. The elevated price point reflects a combination of factors including the desirable location, proximity to amenities, and the overall market dynamics that continue to favor well-maintained HDB properties in sought-after districts. As the remaining lease of 47 years indicates, future buyers must weigh the long-term implications of ownership in relation to lease longevity, yet the current market signal reinforces the attractiveness of this asset in a competitive real estate environment.